Autodesk 2003 Annual Report Download - page 43

Download and view the complete annual report

Please find page 43 of the 2003 Autodesk annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 85

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
The supplementary data required by Item 8 is presented in Note 15 to the Consolidated Financial
Statements.
AUTODESK, INC.
CONSOLIDATED STATEMENTS OF INCOME
Fiscal year ended January 31,
2003 2002 2001
(in thousands, except per share data)
Netrevenues .................................................... $824,945 $947,491 $936,324
Costs and expenses:
Costofrevenues ............................................. 140,162 151,203 150,198
Marketing and sales .......................................... 331,721 343,508 317,806
Research and development ..................................... 172,985 168,574 170,487
General and administrative .................................... 128,929 131,499 132,524
Amortization of goodwill and purchased intangibles ................ 299 20,903 26,529
Restructuring and other ....................................... 25,887 33,630 (1,234)
799,983 849,317 796,310
Income from operations ........................................... 24,962 98,174 140,014
Interest and other income, net ...................................... 13,504 19,058 21,048
Gain on disposal of affiliate ........................................ — 9,461 —
Incomebeforeincometaxes........................................ 38,466 126,693 161,062
Provision for income taxes ......................................... (6,562) (35,169) (51,540)
Equity in net loss of affiliate ....................................... — (1,211) (16,289)
Netincome ..................................................... $ 31,904 $ 90,313 $ 93,233
Basic net income per share ......................................... $ 0.28 $ 0.83 $ 0.82
Dilutednetincomepershare ....................................... $ 0.28 $ 0.80 $ 0.80
Shares used in computing basic net income per share .................... 113,035 108,815 114,375
Shares used in computing diluted net income per share .................. 114,775 112,275 117,028
See accompanying notes.
34